Red Pine Exploration Inc. (CVE:RPX – Get Free Report)’s share price shot up 8.7% during mid-day trading on Tuesday . The stock traded as high as C$0.13 and last traded at C$0.13. 474,377 shares traded hands during mid-day trading, an increase of 32% from the average session volume of 358,226 shares. The stock had previously closed at C$0.12.
Red Pine Exploration Stock Performance
The firm has a market cap of C$24.79 million, a P/E ratio of -3.13 and a beta of 1.08. The business’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.12.
Red Pine Exploration Company Profile
Red Pine Exploration Inc engages in the acquisition, exploration, and development of mining properties in Canada. Its flagship project is the Wawa Gold Project that covers an area of 7,182 hectares located to the east of the Town of Wawa in northern Ontario. The company was formerly known as Vencan Gold Corporation and changed its name to Red Pine Exploration Inc in March 2009.
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